Author Question: The bulk of Eurocurrency Market transactions are denominated in A) Eurodollars. B) ... (Read 87 times)

renzo156 · **on:** Jun 30, 2018

The bulk of Eurocurrency Market transactions are denominated in

A) Eurodollars.
B) Eurosterling.
C) Euroeuros.
D) Euroyen.

Question 2

The Ricardian model of international trade demonstrates that trade can be mutually beneficial. Why, then, do governments restrict imports of some goods?

A) Trade can have significant harmful effects on some segments of a country's economy.
B) The Ricardian model is often incorrect in its prediction that trade can be mutually beneficial.
C) Import restrictions are the result of trade wars between hostile countries.
D) Imports are only restricted when foreign-made goods do not meet domestic standards of quality.
E) Restrictions on imports can have significant beneficial effects on domestic consumers.